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People & Business :: People/Executives
CFO Conference: Growing Amid Uncertainty
8:58 AM MDT | June 24, 2011 | Vincent Valk
Industry executives, economists and bankers discussed the challenges of keeping growth steady in an uncertain economic environment at Chemical Week's annual CFO Conference, held this week in New York. "The chemical industry had a powerful start to 2011," Fried-Walter Munstermann, CFO of BASF Corp., told the audience in a speech at the conference. "Almost all companies beat analysts forecasts as strong volumes, good capacity utilization and high margins lifted earnings in the first-quarter," he said. However, growth has stalled a bit...
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